Capital One Quicksilver Money Rewards Credit score Card overview
The Capital One Quicksilver Cash Rewards Credit Card retains issues easy with a limiteless 1.5% cash-back price on each buy, serving to your rewards develop over time. Nevertheless, different cash-back playing cards provide greater incomes charges in particular classes. Card Ranking*: ⭐⭐⭐½
*Card rating relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
The Capital One Quicksilver Cash Rewards Credit Card affords aggressive perks for a no-annual-fee card however it does have a number of drawbacks price contemplating.
TPG recommends that candidates have a good credit score of 670 or greater when making use of.
The Quicksilver’s easy incomes construction could also be interesting, however what makes it much more so is the flexibility to switch your rewards to Capital One’s switch companions when paired with a card that earns Capital One miles.
Let’s dive into the cardboard particulars.
Associated: The best Capital One cards
Capital One Quicksilver professionals and cons
| Execs | Cons |
|---|---|
|
|
Capital One Quicksilver welcome provide
New Capital One Quicksilver cardholders can earn a $200 money bonus after spending $500 on purchases inside the first three months of account opening. Plus, new cardholders will obtain a $100 Capital One Journey portal credit score throughout your first cardholder 12 months and upon account opening (no spending is required to obtain the credit score).
That is the most generous offer we’ve seen on this card.
Reward your inbox with the TPG Day by day publication
Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
The $100 journey credit score is legitimate for a 12 months and can be utilized in a number of purchases of flights, lodges, rental automobiles and trip leases; nevertheless, rewards will not be earned on the credit score.
Most individuals ought to be capable of meet the low minimal spending requirement with out an excessive amount of effort. However in comparison with the best travel credit cards, which might provide welcome bonuses price hundreds of {dollars}, this $200 is only a good enhance to your cash-back earnings.
Capital One does have some application restrictions you will need to be careful for. You will usually solely be accredited for one Capital One bank card each six months. Moreover, when you acquired a welcome bonus on this card prior to now 48 months, you will not be eligible for an additional one till 48 months have handed.
Associated: Cards currently offering welcome bonuses of 100,000 points or more
Capital One Quicksilver advantages
The Capital One Quicksilver is not designed for vacationers in search of perks like lounge entry or annual journey credit, which are sometimes included with premium credit cards.
Nevertheless, the Quicksilver does embody some advantages, equivalent to charging no foreign transaction fees. This can be a perk that, whereas now almost common on bank cards with annual charges, is rarer for no-annual-fee playing cards.
Different advantages embody:
It is a concise however stable set of advantages for a no-annual-fee card.
Associated: The best credit cards for extended warranties
Incomes money again on the Capital One Quicksilver
The Capital One Quicksilver earns a limiteless 5% money again on lodges, trip leases and rental automobiles booked by way of Capital One Journey and a flat 1.5% again on all other purchases.
Incomes a hard and fast quantity on most purchases is okay if you do not have one high-spending class. Nevertheless, when you make many month-to-month purchases in a single explicit class, equivalent to dining or groceries, you will probably need to think about a card that earns a bonus in that class, such because the Capital One Savor Cash Rewards Credit Card.
Associated: The best credit cards for each bonus category
Redeeming money again on the Capital One Quicksilver
You’ll be able to redeem your rewards on the Capital One Quicksilver for an announcement credit score (the preferred possibility), verify or reward card. It’s also possible to use your rewards at Amazon.com checkout and thru PayPal.
There isn’t any minimal redemption quantity — simply register to your account through the app or your pc and easily choose your desire.
TPG bank cards publication and partnerships editor Emily Thompson appreciates the flexibility of cash-back rewards. Though they are often much less useful than her favourite transferable rewards, she makes use of cash-back to cowl issues that factors and miles do not, like airport snacks and actions.
Nevertheless, you are not restricted to those redemption choices you probably have the correct card pairing. For those who additionally maintain a card that earns Capital One miles, such because the Capital One Venture Rewards Credit Card, you may convert your cash-back to travel rewards at a price of 1 cent of money again to 1 Capital One mile. Then, you may switch them to any of Capital One’s 15-plus airline and hotel partners for doubtlessly larger worth.
Associated: Better together: The ultimate guide to the best credit card combinations
Which playing cards compete with the Capital One Quicksilver?
The Capital One Quicksilver is a stable no-annual-fee money again bank card. Nevertheless, there are higher decisions for these searching for greater incomes charges and extra advantages.
For extra choices, try our full checklist of the best cash-back cards and no-annual-fee credit cards.
Associated: How to choose a cash-back credit card
Is the Capital One Quicksilver price it?
The Capital One Quicksilver is an effective match for individuals who need one card for everything as a result of it has a easy, mounted 1.5% money again incomes price. This card is an effective alternative when you do not spend a lot of your funds in typical bonus spending classes or want to not juggle playing cards while you’re out and about. Nevertheless, when you spend closely in particular bonus classes, it’s possible you’ll be higher served by a card tailor-made to these purchases.
Backside line
The Capital One Quicksilver delivers an easy 1.5% cash-back price, a robust welcome bonus and helpful advantages, all with no annual charge. It is a superb alternative for anybody who values simplicity and adaptability of their rewards.
That mentioned, in case your spending skews closely towards sure purchases, a card with greater incomes charges in bonus classes may provide higher returns.
Study extra: Quicksilver Cash Rewards
For Capital One merchandise listed on this web page, among the advantages could also be offered by Visa® or Mastercard® and will range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Upon enrollment, accessible by way of the Capital One web site or cell app, eligible cardholders will stay at that standing stage by way of the period of the provide. Please observe, enrolling by way of the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) won’t mechanically detect a cardholder as being eligible for this system and cardholders won’t be mechanically upgraded to the relevant standing tier. Extra phrases apply
Trending Merchandise
